Answered: Auditors must make judgments about…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Auditors must make judgments about various aspects of an audit on the basis of their own direct experience, indirect experience, or a combination of two. In a study, auditors were asked to make judgments about the frequency of errors to be found in an audit. The judgments by the auditors were then compares to the actual results. Suppose the following data were obtained from a similar study; lower scores indicate better judgments.

1) If necessary, perform a Fisher's LSD. Include the appropriate hypotheses, test statistics, critical values and conclusions for each test. State your interpretation for the complete LSD analysis as a whole, NOT for each individual test.

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